Gandhinagar
The real estate market in GIFT City is experiencing dynamic growth driven by strong demand for both residential and commercial assets. Recent trends show a sharp rise in property values, with residential apartments leading the appreciation at 24.45%. Beyond capital gains, the rental sector provides consistent returns, particularly for 2 BHK configurations which serve as a staple for the growing workforce. This blend of asset appreciation and rental viability positions the area as a cornerstone for property investment in Gandhinagar.
As of June 2026, the average asking price in GIFT City stands at ₹12,700 per sq ft. This figure reflects a significant appreciation of 24.45% compared to the previous period, signaling strong demand and a growing preference for residential assets within this strategic business hub.
Property prices in GIFT City have shown a consistent upward trajectory through the first half of 2026. The average asking price rose from ₹10,200 per sq ft in March 2026 to ₹12,700 per sq ft in June 2026, indicating a robust market momentum that continues to attract both end-users and long-term investors.
GIFT City currently commands a premium average asking price of ₹12,700 per sq ft, which is significantly higher than surrounding areas in Gandhinagar. For comparison, as of June 2026, nearby localities such as Randesan are priced at ₹4,800 per sq ft (which appreciated by 10.97%), Kudasan at ₹4,750 per sq ft (up 1.77%), and Sargasan at ₹4,650 per sq ft (up 1.02%). This price gap highlights GIFT City's unique position as a high-value, planned urban development.
As of June 2026, apartments in GIFT City are priced at an average of ₹12,700 per sq ft, having appreciated by 24.45% over the observed period. In contrast, office spaces are currently available at an average of ₹8,550 per sq ft, with prices remaining stable at 0% change, reflecting a distinct valuation difference between the residential and commercial segments in the area.
As of June 2026, the average rental rate for a 2 BHK apartment in GIFT City is ₹37,750 per month. This rental benchmark provides insight into the residential income potential for property owners in the area, catering to the professional workforce employed within the city's business district.
Rental rates in the vicinity of GIFT City show varied performance as of June 2026. In Kudasan, the average rental rate is ₹50 per sq ft, with prices remaining stable at 0% change. Meanwhile, in Sargasan, the average rental rate is also ₹50 per sq ft, though this represents a depreciation of 8.33% compared to the previous period, suggesting a softening in rental demand in that specific neighbourhood.
The 24.45% appreciation in the average asking price of apartments in GIFT City from the previous period to June 2026 indicates a market with high growth potential and strong investor confidence. Investors typically view such rapid appreciation as a sign of limited supply meeting high demand, though it is important to balance this against the current rental yield potential and long-term infrastructure developments in the area.
